(h) “duly stamped” as applied to an instrument, means that the instrument bears a collage or stamp of at least the appropriate quantity and that the stamp has been affixed or used in accordance with state law; The Maharashtra (Bombay) Stamp Act, 1958 came into force on 16 February 1959 and is applicable in the state of Maharashtra. The purpose of this law is to levy stamp duty on certain types of documents exported to the state or transferred from outside to meet them in the state. The various instruments/documents are, on the whole, covered by Article 62 of The Calendar-I Annex. The rates for which stamp duty is levied on these documents are indicated in Schedule I of The Maharashtra (Bombay) Stamp Act, levies stamp duty on documents/instruments by which a right or liability is created, transferred, restricted, extended, erased or registered. Stamp duty must be paid on the instrument and not on transactions. Stamp duty must be paid on instruments and not on transactions. The definition of the instrument is very broad. 2.2 p. 3 of the Act, stamp duty, at the rate indicated in Schedule I, is imposed on any instrument exported to the state. Instruments performed outside the state are taxable only upon receipt in the state, provided they relate to real estate located in the state or something or something to be done in the state. (b) any person who is not designated in this way and who negotiates stamps other than adhesive stamps of twenty or less.] The same obligation as the obligation (Article 13) for this amount. 4.1 P.17 of the law provides that all instruments subject to tax and exported to Maharshtra in Maharshtra are stamped before or at the time of execution, or immediately after or on the working day following the day of execution.
The same tariff as for a transport can be levied on the amount of the consideration of the same fee as on a rental activity for the residual duration of the lease. 4.6 The date of issuance of the stamp document must not exceed 6 months more than the date of the transaction. Five hundred rupees, subject to the maximum obligation of rupees five thousand]; 5.2 In addition, any public servant may seize these mislabeled instruments if they find out. These seized instruments are to be sent to the collector, who then determines the amount of tax and, if necessary, the penalty to be paid.